Free Nevada Insurance InsNV_Health02 Exam Questions

Question 1

Most insurance companies use the usual, customary, and reasonable (UCR) charges to:

A : reimburse the employee for expenses charged by the medical facilities

B : reimburse physicians for excess expense

C : pay dollars direct to the employers for health insurance

D : limit the insurance company claims liability

Answer: D

Question 2

For a group health plan subject to the federal waiting-period rule, the waiting period for otherwise eligible employees generally may not exceed:

A : 30 calendar days

B : 60 calendar days

C : 90 calendar days

D : 180 calendar days

Answer: C

Question 3

Under federal COBRA continuation rules, an employee who loses group health coverage because of termination of employment or reduction in hours will generally be offered continuation coverage for up to:

A : 6 months

B : 12 months

C : 18 months

D : 60 months

Answer: C

Question 4

A Nevada producer wants to solicit an individual disability-income policy. Which license authority is required?

A : Property insurance authority

B : Casualty insurance authority

C : Accident and health insurance authority

D : Personal lines authority

Answer: C

Question 5

Under federal COBRA continuation rules, an employee who loses group health coverage because of termination of employment or reduction in hours will generally be offered continuation coverage for up to:

A : 6 months

B : 12 months

C : 18 months

D : 60 months

Answer: C